For saleSingle family
$325,000
1101 Lynde Dr NE
Fridley MN 55432
3 beds, 1 bath, 1,449 sqft
1101 Lynde Dr NE is a 3 beds, 1 bath, 1,449 sqft single family home for sale at $325,000 in Fridley MN 55432. At 20% down it rents for an estimated $2,550/mo and returns $230/mo a month at a 7.5% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,550/mo
- Monthly cash flow
- $230/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.2%
- Max offer
- $301,000
Offer ≤ $301,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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